FE identifies 45 consistently good fund managers serving UK market

By: Jonathan Boyd | 11 Feb 2013

Fund data and ratings provider FE has identified 45 managers it believes have offered UK investors the best and most consistent performance over the past five years.

The finding is based on the performance of these managers according to the methodology used for FE’s Alpha Manager Ratings, which aim to highlight the top 10% of managers running unit trusts, OEICs and investment trusts available to UK investors.

According to the latest rebalancing of the Alpha Manager ratings, 177 such managers have been identified. Among these are the 45 managers who have been consistently among the 10% best performing in the industry since the ratings were launched in 2009.

“They include: Jan Luthman and Stephen Bailey, the duo who joined Liontrust last year; GAM colleagues Gordon Grender and Andrew Green; as well as Jupiter’s Algy Smith-Maxwell, John Chatfeild Roberts, Peter Lawery and Philip Gibbs,” FE said in a statement.

“Meanwhile, 51 FE Alpha Managers have obtained the rating for the first time this year. They include: Edouard Carmignac and Simon Pickard, both from Carmignac Gestion – a relative newcomer to the UK retail asset management industry having entered the UK two years ago; Artemis co-founder John Dodd and Julie Dean of Cazenove Capital Management.”

The management groups with the greatest number of Alpha Managers include: Henderson Global Investors (9 managers), Jupiter Unit Trust Managers and Fidelity (8), M&G (7) and First State Investments (6).

Matt Surfleet, commercial director, said: “FE Alpha Managers represent an elite group of investment professionals who have been able to demonstrate consistent returns across their careers. We congratulate these 177 managers who have achieved this accolade. In particular, those managers who have enjoyed the title of FE Alpha Manager for five years running show a rare talent for being able to generate results on behalf of their investors through some of the most challenging markets in memory.”

“Beyond recognising exceptional investment talent, we hope that these measures of success, when taken in combination with our other ratings, provide IFAs and individual investors alike, with meaningful intelligence as they come to select funds and managers to populate their portfolios.”